Concurrent Technologies Plc has secured its largest single contract to date for $4.46 Million to supply computer plug-in-cards to a major US Defence and Aerospace prime contractor. The contract is for a large number of multiple standard products from the Company's refreshed product portfolio. The products are being used in a major Department of Defence programme to upgrade specific sensing equipment used in different aircraft types across multiple fleets.

Concurrent Technologies has been working closely with this customer for over two years on smaller defence capability upgrade programmes, demonstrating commitment to the relationship and developing trust and technical credibility. The Company was able to secure this win due to the strength of its relationship and growing track record with this US customer, along with its ability to deliver the latest technical features.